GraniteShares 2x Long COI... (CONL)
GraniteShares 2x Long COIN Daily ETF Max Pain By Strike
CONL trades at $31.02, 8.8% below the near-term max pain of $34 expiring Aug 22, 2025 (1 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($25-$510), signaling increased put positioning or downside protection. Key magnetic zone at 34 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
GraniteShares 2x Long COIN Daily ETF Max Pain By Expiry
Max pain for CONL shows a downward trend from 510 to 25, indicating bearish sentiment or hedging activity. The 701% spread signals divergent expectations across timeframes. Most levels above 31.02 could support dips. Strong magnetic level at 34 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 34 | 2.98 (9.61%) |
| Aug 29, 2025 | 34 | 2.98 (9.61%) |
| Sep 5, 2025 | 34 | 2.98 (9.61%) |
| Sep 12, 2025 | 39 | 7.98 (25.73%) |
| Sep 19, 2025 | 34 | 2.98 (9.61%) |
| Sep 26, 2025 | 35 | 3.98 (12.83%) |
| Oct 17, 2025 | 32 | 0.98 (3.16%) |
| Dec 19, 2025 | 25 | -6.02 (-19.41%) |
| Jan 16, 2026 | 25 | -6.02 (-19.41%) |
| Mar 20, 2026 | 35 | 3.98 (12.83%) |
| Jun 18, 2026 | 30 | -1.02 (-3.29%) |
| Dec 18, 2026 | 510 | 478.98 (1544.10%) |
| Jan 15, 2027 | 32 | 0.98 (3.16%) |